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Average Project Management Specialists Salary in Tampa-St. Petersburg-Clearwater, FL

Project Management Specialists in the Tampa-St. Petersburg-Clearwater, FL area earn an average annual salary of $102,510. This figure is slightly below the national average of $108,900, suggesting a localized market dynamic that influences compensation. Factors such as regional industry demand and the specific economic landscape of the Tampa Bay area likely contribute to this pay scale.

Executive Summary

  • Average Salary: $102,510 per year.
  • Growth Trend: Salaries have shifted 12.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $161,190.
  • Outlook: With a total local workforce of 9,980 Project Management Specialists, the Tampa-St. Petersburg-Clearwater area demonstrates a significant presence in this field. The Location Quotient of 1.06 indicates a concentration of these roles slightly above the national average, suggesting a robust and potentially growing demand for project management expertise within the region.
2024 Market Data

Salary Overview

$102,510

The average Project Management Specialists in Tampa-St. Petersburg-Clearwater, FL earns-5.9%below the national average.

BreakdownBased on 40h/week
Hourly

$49.3

Weekly

$1,971

Monthly

$8,543

Project Management Specialists Salary Distribution in Tampa-St. Petersburg-Clearwater, FL

Salary progression for Project Management Specialists is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles with extensive project portfolios and leadership responsibilities can significantly exceed the average. The percentile gaps between entry, mid, and senior levels highlight the substantial career advancement and earning potential available within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,580$27.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$76,883$37
ManagerOversees team, compliance, and project delivery.50% (Median)$97,340$46.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$128,138$61.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$161,190$77.5

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$102,510

Gross Pay

Real Wage (Purchasing Power)

$102,510

Adjusted for COL (100)

The average annual salary of $102,510 in Tampa-St. Petersburg-Clearwater aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Project Management Specialist's salary in this region is comparable to the national standard, offering a stable financial environment for residents.

Job Market Context

9,980

Total Jobs

6.918

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Tampa-St. Petersburg-Clearwater, FL has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.

A Location Quotient of 1.06 for Project Management Specialists in Tampa-St. Petersburg-Clearwater signifies a job market that is slightly more concentrated than the national average. This suggests a healthy demand for these professionals, indicating that the market is neither oversaturated nor severely lacking in talent, presenting a balanced environment for job seekers and employers.

Nearby Job Markets

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Tampa-St. Petersburg-Clearwater, FL?

The median annual salary for a Project Management Specialists in Tampa-St. Petersburg-Clearwater, FL is $102,510. This typically ranges from $57,580 for entry-level positions to $161,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tampa-St. Petersburg-Clearwater, FL is 5.9% lower than the national median of $108,900.

Is Tampa-St. Petersburg-Clearwater, FL a lucrative place for Project Management Specialists?

Yes, it offers competitive compensation.The average salary of $102,510 is strong, and with a cost of living at the national average, the purchasing power is significant. The slightly above-average concentration of jobs also indicates good market stability.

Is Tampa-St. Petersburg-Clearwater, FL a good place to live for Project Management Specialists?

The Cost of Living Index in Tampa-St. Petersburg-Clearwater, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Tampa-St. Petersburg-Clearwater, FL?

Some top paying nearby cities include Lakeland-Winter Haven, FL ($95,740) and North Florida nonmetropolitan area.

How does the Tampa-St. Petersburg-Clearwater salary compare to the national average?

The average salary of $102,510 in Tampa-St. Petersburg-Clearwater is slightly lower than the national average of $108,900, but the cost of living is also at the national average, making the effective purchasing power comparable.

What is the job market like for Project Management Specialists in this area?

The market is robust, with a total workforce of 9,980 and a Location Quotient of 1.06, indicating a slightly higher concentration of these roles than the national average.

Does experience significantly impact a Project Management Specialist's salary in Tampa?

Yes, experience is a key driver of salary. Entry-level positions will earn less, while senior Project Management Specialists with extensive experience and proven track records can command significantly higher salaries, reflecting career progression.

Is the cost of living a factor for Project Management Specialists in Tampa?

The cost of living in Tampa-St. Petersburg-Clearwater is exactly at the national average (100). This means the $102,510 salary provides purchasing power equivalent to the national average, making it a stable financial environment.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,980 employees in the Tampa-St. Petersburg-Clearwater, FL area with a job density of 6.918 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.